Public Hospitals: Results of the 2012–13 Audits
Body
This report covers the results of the financial audits of 112 entities within the public hospital sector, comprising 87 public hospitals and the 25 associated entities.
Appendix E. Audit Act 1994 section 16— submissions and comments
In accordance with section 16A and 16(3) of the Audit Act 1994 a copy of this report, or relevant extracts from the report, was provided to the Treasurer and all relevant agencies with a request for submissions or comments.
The submissions and comments provided are not subject to audit nor the evidentiary standards required to reach an audit conclusion. Responsibility for the accuracy, fairness and balance of those comments rests solely with the agency head.
Responses were received as follows:
Appendix D. Glossary
Accountability
Responsibility of public sector entities to achieve their objectives, with regard to reliability of financial reporting, effectiveness and efficiency of operations, compliance with applicable laws, and reporting to interested parties.
Acquisition
Establishing control of an asset, undertaking the risks, and receiving the rights to future benefits, as would be conferred with ownership, in exchange for the cost of acquisition.
Amending and restatement deed
Written agreement changing the terms and/or conditions of a contract.
Appendix C. Milestone dates
Figure C1
Material entity milestone dates
Department of Treasury and Finance AFR production milestone for finalising the financial report including audit opinion |
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Material entity |
Met |
Not met |
Appendix B. Material entities
Figure B1
Material entities for the 2012–13 year
General government sector |
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|---|---|
Alfred Health |
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Austin Health |
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Barwon Health |
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Country Fire Authority |
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Department of Business and Innovation |
Appendix A. VAGO reports on the results of financial audits
Figure
A1
VAGO reports on the results of the 2012–13 financial audits
Report |
Description |
|---|---|
Auditor-General's Report on the Annual Financial Report of the State of Victoria, 2012–13 This report. |
5 Public private partnerships
At a glance
Background
This Part analyses and comments on two significant public private partnerships (PPP) under construction, and another in its operating phase. We summarise the total cost to the state for each of the three PPPs, drawing together contract payments as well as additional costs incurred directly by the state, to provide a level of transparency that is not available in general purpose financial statements.
4 Significant projects and developments
At a glance
Background
This Part details the progress of significant projects underway at 30 June 2013. It also discusses changes to the provision of public information on project costs and the challenges that presents.
3 The state's financial result
At a glance
Background
This Part analyses and comments on the state's financial position and performance for 2012–13 by interpreting the results reported to Parliament in the Annual Financial Report of the State of Victoria, 2012–13 (AFR).
Conclusion
This Part analyses and comments on the state's financial position and performance for 2012–13 by interpreting the results reported to Parliament in the Annual Financial Report of the State of Victoria, 2012–13 (AFR).
2 Annual Financial Report of the State of Victoria audit result
At a glance
Background
This Part reports on the results of the Annual Financial Report of the State of Victoria, 2012–13 (AFR) financial statement audit.
Conclusion
The Auditor-General issued a clear audit opinion on the AFR, providing reasonable assurance that the AFR was reliable, accurate, and prepared in accordance with the requirements of the Financial Management Act 1994 and Australian accounting standards and interpretations.